November 21, 2016 / 12:16 PM / 3 years ago

CFPB can pursue middleman for payday lenders, federal judge rules

The Consumer Financial Protection Bureau can pursue a lawsuit against a California company that acts as a middleman to find customers for payday lenders, a federal judge in Los Angeles ruled.

In a decision Thursday, U.S. District Judge Philip Gutierrez rebuffed arguments by T3Leads that it is not liable for allegedly abusive consumer practices under federal law because it is only a support company and does not make loans.

To read the full story on Westlaw Practitioner Insights, click here:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below